Revenue from Contracts with Customers (Tables)

9 Months Ended

Sep. 30, 2019

Disaggregated Revenues from Contracts with Customers

	Three Months Ended September 30, 2019
	Vertically Integrated Utilities		Transmission and Distribution Utilities		AEP Transmission Holdco			Generation & Marketing		Corporate and Other			Reconciling Adjustments			AEP Consolidated
	(in millions)
Retail Revenues:
Residential Revenues	$	1,060.2	$	588.0	$	—		$	—	$	—		$	—		$	1,648.2
Commercial Revenues	612.5		290.9		—			—		—			—			903.4
Industrial Revenues	566.0		99.3		—			—		—			1.5			666.8
Other Retail Revenues	49.2		10.6		—			—		—			—			59.8
Total Retail Revenues	2,287.9		988.8		—			—		—			1.5			3,278.2
Wholesale and Competitive Retail Revenues:
Generation Revenues (a)	231.3		—		—			77.1		—			(34.2		)	274.2
Transmission Revenues (b)	77.8		110.9		269.4			—		—			(217.2		)	240.9
Marketing, Competitive Retail and Renewable Revenues	—		—		—			415.4		—			0.5			415.9
Total Wholesale and Competitive Retail Revenues	309.1		110.9		269.4			492.5		—			(250.9		)	931.0
Other Revenues from Contracts with Customers (c)	47.3		42.9		4.5			14.8		35.6			(42.2		)	102.9
Total Revenues from Contracts with Customers	2,644.3		1,142.6		273.9			507.3		35.6			(291.6		)	4,312.1
Other Revenues:
Alternative Revenues (c)	1.2		5.1		(0.9		)	—		—			(16.8		)	(11.4		)
Other Revenues (c)	—		38.9		—			26.4		(11.2		)	(39.8		)	14.3
Total Other Revenues	1.2		44.0		(0.9		)	26.4		(11.2		)	(56.6		)	2.9
Total Revenues	$	2,645.5	$	1,186.6	$	273.0		$	533.7	$	24.4		$	(348.2	)	$	4,315.0

(a) Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for Generation & Marketing was $34 million. The remaining affiliated amounts were immaterial.

(b) Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEP Transmission Holdco was $197 million. The remaining affiliated amounts were immaterial.

(c) Amounts include affiliated and nonaffiliated revenues.

	Three Months Ended September 30, 2018
	Vertically Integrated Utilities		Transmission and Distribution Utilities			AEP Transmission Holdco			Generation & Marketing			Corporate and Other		Reconciling Adjustments			AEP Consolidated
	(in millions)
Retail Revenues:
Residential Revenues	$	1,048.7	$	612.2		$	—		$	—		$	—	$	—		$	1,660.9
Commercial Revenues	612.8		330.9			—			—			—		—			943.7
Industrial Revenues	578.8		128.8			—			—			—		—			707.6
Other Retail Revenues	49.1		10.7			—			—			—		—			59.8
Total Retail Revenues (a)	2,289.4		1,082.6			—			—			—		—			3,372.0
Wholesale and Competitive Retail Revenues:
Generation Revenues (b)	224.2		—			—			115.1			—		(98.5		)	240.8
Transmission Revenues (c)	72.8		88.0			201.4			—			—		(241.6		)	120.6
Marketing, Competitive Retail and Renewable Revenues	—		—			—			399.1			—		—			399.1
Total Wholesale and Competitive Retail Revenues	297.0		88.0			201.4			514.2			—		(340.1		)	760.5
Other Revenues from Contracts with Customers (e)	40.3		69.9			0.7			12.7			21.5		49.5			194.6
Total Revenues from Contracts with Customers	2,626.7		1,240.5			202.1			526.9			21.5		(290.6		)	4,327.1
Other Revenues:
Alternative Revenues (d)	0.2		(37.9		)	(14.9		)	—			—		—			(52.6		)
Other Revenues (e)	9.8		8.9			—			(5.3		)	2.2		43.0			58.6
Total Other Revenues	10.0		(29.0		)	(14.9		)	(5.3		)	2.2		43.0			6.0
Total Revenues	$	2,636.7	$	1,211.5		$	187.2		$	521.6		$	23.7	$	(247.6	)	$	4,333.1

(a) 2018 amounts have been revised to reflect the reclassification of certain customer accounts between Retail classes. This reclassification did not impact previously reported Total Retail Revenues. Management concluded that these prior period disclosure only errors were immaterial individually and in the aggregate.

(b) Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for Generation & Marketing was $35 million. The remaining affiliated amounts were immaterial.

(c) Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEP Transmission Holdco was $147 million. The remaining affiliated amounts were immaterial.

(d) The alternative revenue for Transmission and Distribution Utilities was primarily the $48 million reduction in revenue relating to the Ohio Tax Reform settlement.

(e) Amounts include affiliated and nonaffiliated revenues.

	Three Months Ended September 30, 2019
	AEP Texas			AEPTCo			APCo		I&M			OPCo			PSO			SWEPCo
	(in millions)
Retail Revenues:
Residential Revenues	$	192.0		$	—		$	315.7	$	198.2		$	395.6		$	231.9		$	222.9
Commercial Revenues	110.6			—			147.2		138.3			180.5			122.2			144.3
Industrial Revenues	32.2			—			152.2		138.7			67.1			84.1			92.3
Other Retail Revenues	7.5			—			18.5		1.9			3.1			24.9			2.3
Total Retail Revenues	342.3			—			633.6		477.1			646.3			463.1			461.8
Wholesale Revenues:
Generation Revenues (a)	—			—			70.4		102.1			—			21.1			50.7
Transmission Revenues (b)	97.7			256.4			26.2		6.4			13.7			(3.4		)	30.0
Total Wholesale Revenues	97.7			256.4			96.6		108.5			13.7			17.7			80.7
Other Revenues from Contracts with Customers (c)	8.2			4.5			18.7		26.6			41.0			5.1			7.0
Total Revenues from Contracts with Customers	448.2			260.9			748.9		612.2			701.0			485.9			549.5
Other Revenues:
Alternative Revenues (d)	(0.7		)	(1.2		)	6.6		(1.1		)	12.4			7.1			(4.0		)
Other Revenues (d)	41.8			—			—		—			(2.8		)	—			—
Total Other Revenues	41.1			(1.2		)	6.6		(1.1		)	9.6			7.1			(4.0		)
Total Revenues	$	489.3		$	259.7		$	755.5	$	611.1		$	710.6		$	493.0		$	545.5

(a) Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for APCo was $32 million primarily relating to the PPA with Kingsport. The remaining affiliated amounts were immaterial.

(b) Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEPTCo was $194 million. The remaining affiliated amounts were immaterial.

(c) Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for I&M was $20 million primarily relating to the barging, urea transloading and other transportation services. The remaining affiliated amounts were immaterial.

(d) Amounts include affiliated and nonaffiliated revenues.

	Three Months Ended September 30, 2018
	AEP Texas			AEPTCo			APCo			I&M		OPCo			PSO		SWEPCo
	(in millions)
Retail Revenues:
Residential Revenues	$	178.8		$	—		$	320.9		$	207.4	$	433.5		$	220.8	$	214.1
Commercial Revenues	107.9			—			155.1			138.0		222.9			119.9		140.4
Industrial Revenues	32.1			—			157.6			150.2		96.3			82.4		89.6
Other Retail Revenues	7.4			—			19.2			1.7		3.3			24.5		2.2
Total Retail Revenues (a)	326.2			—			652.8			497.3		756.0			447.6		446.3
Wholesale Revenues:
Generation Revenues (b)	—			—			74.5			93.6		—			12.5		53.2
Transmission Revenues (c)	73.6			206.6			20.9			6.2		14.8			13.5		29.5
Total Wholesale Revenues	73.6			206.6			95.4			99.8		14.8			26.0		82.7
Other Revenues from Contracts with Customers (d)	7.5			0.2			15.9			22.4		(29.9		)	5.5		6.6
Total Revenues from Contracts with Customers	407.3			206.8			764.1			619.5		740.9			479.1		535.6
Other Revenues:
Alternative Revenues (e)	(1.0		)	(12.4		)	(1.2		)	1.5		(36.9		)	2.3		(0.3		)
Other Revenues (f)	27.1			—			(0.9		)	8.7		74.3			—		—
Total Other Revenues	26.1			(12.4		)	(2.1		)	10.2		37.4			2.3		(0.3		)
Total Revenues	$	433.4		$	194.4		$	762.0		$	629.7	$	778.3		$	481.4	$	535.3

(a) 2018 amounts have been revised to reflect the reclassification of certain customer accounts between Retail classes. This reclassification did not impact previously reported Total Retail Revenues. Management concluded that these prior period disclosure only errors were immaterial individually and in the aggregate.

(b) Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for APCo was $30 million primarily relating to the PPA with Kingsport. The remaining affiliated amounts were immaterial.

(c) Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEPTCo was $146 million. The remaining affiliated amounts were immaterial.

(d) Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for I&M was $17 million primarily relating to the barging, urea transloading and other transportation services. The remaining affiliated amounts were immaterial.

(e) The alternative revenue for OPCo was primarily the $48 million reduction in revenue relating to the Ohio Tax Reform settlement.

(f) Amounts include affiliated and nonaffiliated revenues.

	Nine Months Ended September 30, 2019
	Vertically Integrated Utilities			Transmission and Distribution Utilities		AEP Transmission Holdco			Generation & Marketing		Corporate and Other			Reconciling Adjustments			AEP Consolidated
	(in millions)
Retail Revenues:
Residential Revenues	$	2,797.6		$	1,609.1	$	—		$	—	$	—		$	—		$	4,406.7
Commercial Revenues	1,641.2			889.4		—			—		—			—			2,530.6
Industrial Revenues	1,647.3			332.6		—			—		—			—			1,979.9
Other Retail Revenues	136.1			32.8		—			—		—			—			168.9
Total Retail Revenues	6,222.2			2,863.9		—			—		—			—			9,086.1
Wholesale and Competitive Retail Revenues:
Generation Revenues (a)	661.9			—		—			282.0		—			(105.5		)	838.4
Transmission Revenues (b)	215.4			324.0		814.3			—		—			(603.6		)	750.1
Marketing, Competitive Retail and Renewable Revenues	—			—		—			1,088.5		—			0.5			1,089.0
Total Wholesale and Competitive Retail Revenues	877.3			324.0		814.3			1,370.5		—			(708.6		)	2,677.5
Other Revenues from Contracts with Customers (c)	128.8			127.6		12.6			4.5		80.4			(113.6		)	240.3
Total Revenues from Contracts with Customers	7,228.3			3,315.5		826.9			1,375.0		80.4			(822.2		)	12,003.9
Other Revenues:
Alternative Revenues (c)	(55.7		)	21.5		(18.6		)	—		—			(60.3		)	(113.1		)
Other Revenues (c)	—			117.3		—			53.2		(6.7		)	(109.2		)	54.6
Total Other Revenues	(55.7		)	138.8		(18.6		)	53.2		(6.7		)	(169.5		)	(58.5		)
Total Revenues	$	7,172.6		$	3,454.3	$	808.3		$	1,428.2	$	73.7		$	(991.7	)	$	11,945.4

(a) Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for Generation & Marketing was $105 million. The remaining affiliated amounts were immaterial.

(b) Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEP Transmission Holdco was $596 million. The remaining affiliated amounts were immaterial.

(c) Amounts include affiliated and nonaffiliated revenues.

	Nine Months Ended September 30, 2018
	Vertically Integrated Utilities			Transmission and Distribution Utilities			AEP Transmission Holdco			Generation & Marketing		Corporate and Other		Reconciling Adjustments			AEP Consolidated
	(in millions)
Retail Revenues:
Residential Revenues	$	2,906.9		$	1,711.1		$	—		$	—	$	—	$	—		$	4,618.0
Commercial Revenues	1,672.7			945.2			—			—		—		—			2,617.9
Industrial Revenues	1,676.1			381.5			—			—		—		—			2,057.6
Other Retail Revenues	139.4			31.8			—			—		—		—			171.2
Total Retail Revenues (a)	6,395.1			3,069.6			—			—		—		—			9,464.7
Wholesale and Competitive Retail Revenues:
Generation Revenues (b)	686.5			—			—			413.4		—		(155.2		)	944.7
Transmission Revenues (c)	208.4			272.6			633.9			—		—		(520.7		)	594.2
Marketing, Competitive Retail and Renewable Revenues	—			—			—			1,040.2		—		—			1,040.2
Total Wholesale and Competitive Retail Revenues	894.9			272.6			633.9			1,453.6		—		(675.9		)	2,579.1
Other Revenues from Contracts with Customers (e)	121.8			165.1			11.1			15.0		64.8		1.8			379.6
Total Revenues from Contracts with Customers	7,411.8			3,507.3			645.0			1,468.6		64.8		(674.1		)	12,423.4
Other Revenues:
Alternative Revenues (d)	(19.2		)	(48.3		)	(39.8		)	—		—		—			(107.3		)
Other Revenues (e)	1.1			51.9			—			18.8		6.7		—			78.5
Total Other Revenues	(18.1		)	3.6			(39.8		)	18.8		6.7		—			(28.8		)
Total Revenues	$	7,393.7		$	3,510.9		$	605.2		$	1,487.4	$	71.5	$	(674.1	)	$	12,394.6

(a) 2018 amounts have been revised to reflect the reclassification of certain customer accounts between Retail classes. This reclassification did not impact previously reported Total Retail Revenues. Management concluded that these prior period disclosure only errors were immaterial individually and in the aggregate.

(b) Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for Generation & Marketing was $87 million. The remaining affiliated amounts were immaterial.

(c) Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEP Transmission Holdco was $444 million. The remaining affiliated amounts were immaterial.

(d) The alternative revenue for Transmission and Distribution Utilities was primarily the $48 million reduction in revenue relating to the Ohio Tax Reform settlement.

(e) Amounts include affiliated and nonaffiliated revenues.

	Nine Months Ended September 30, 2019
	AEP Texas			AEPTCo			APCo		I&M			OPCo		PSO			SWEPCo
	(in millions)
Retail Revenues:
Residential Revenues	$	454.9		$	—		$	944.7	$	558.8		$	1,155.5	$	519.6		$	503.7
Commercial Revenues	314.5			—			421.5		371.4			573.7		304.3			371.1
Industrial Revenues	98.8			—			444.3		411.9			233.9		238.1			257.2
Other Retail Revenues	22.7			—			56.5		5.4			9.8		63.1			6.7
Total Retail Revenues	890.9			—			1,867.0		1,347.5			1,972.9		1,125.1			1,138.7
Wholesale Revenues:
Generation Revenues (a)	—			—			200.1		327.4			—		35.5			152.7
Transmission Revenues (b)	282.0			775.3			77.6		18.8			42.0		21.9			78.0
Total Wholesale Revenues	282.0			775.3			277.7		346.2			42.0		57.4			230.7
Other Revenues from Contracts with Customers (c)	22.9			12.6			48.2		76.2			113.3		16.7			20.1
Total Revenues from Contracts with Customers	1,195.8			787.9			2,192.9		1,769.9			2,128.2		1,199.2			1,389.5
Other Revenues:
Alternative Revenues (d)	(0.4		)	(17.8		)	11.2		(1.4		)	22.0		(25.3		)	(47.4		)
Other Revenues (d)	122.6			—			—		—			3.8		—			—
Total Other Revenues	122.2			(17.8		)	11.2		(1.4		)	25.8		(25.3		)	(47.4		)
Total Revenues	$	1,318.0		$	770.1		$	2,204.1	$	1,768.5		$	2,154.0	$	1,173.9		$	1,342.1

(a) Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for APCo was $96 million primarily relating to the PPA with Kingsport. The remaining affiliated amounts were immaterial.

(b) Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEPTCo was $587 million. The remaining affiliated amounts were immaterial.

(c) Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for I&M was $57 million primarily relating to barging, urea transloading and other transportation services. The remaining affiliated amounts were immaterial.

(d) Amounts include affiliated and nonaffiliated revenues.

	Nine Months Ended September 30, 2018
	AEP Texas			AEPTCo			APCo			I&M			OPCo			PSO		SWEPCo
	(in millions)
Retail Revenues:
Residential Revenues	$	453.6		$	—		$	1,017.3		$	559.4		$	1,258.4		$	531.4	$	512.4
Commercial Revenues	310.8			—			442.3			369.8			633.2			309.3		372.6
Industrial Revenues	94.8			—			457.3			428.0			287.4			228.7		254.0
Other Retail Revenues	21.7			—			57.6			5.4			9.8			65.2		6.4
Total Retail Revenues (a)	880.9			—			1,974.5			1,362.6			2,188.8			1,134.6		1,145.4
Wholesale Revenues:
Generation Revenues (b)	—			—			194.1			349.7			—			26.7		168.8
Transmission Revenues (c)	229.6			612.9			60.2			16.9			42.8			29.4		77.3
Total Wholesale Revenues	229.6			612.9			254.3			366.6			42.8			56.1		246.1
Other Revenues from Contracts with Customers (d)	21.8			8.7			42.2			71.0			51.3			14.6		18.0
Total Revenues from Contracts with Customers	1,132.3			621.6			2,271.0			1,800.2			2,282.9			1,205.3		1,409.5
Other Revenues:
Alternative Revenues (e)	(1.1		)	(35.4		)	(20.7		)	(4.0		)	(47.2		)	11.2		2.3
Other Revenues (f)	62.1			—			(0.9		)	—			82.3			—		—
Total Other Revenues	61.0			(35.4		)	(21.6		)	(4.0		)	35.1			11.2		2.3
Total Revenues	$	1,193.3		$	586.2		$	2,249.4		$	1,796.2		$	2,318.0		$	1,216.5	$	1,411.8

(a) 2018 amounts have been revised to reflect the reclassification of certain customer accounts between Retail classes. This reclassification did not impact previously reported Total Retail Revenues. Management concluded that these prior period disclosure only errors were immaterial individually and in the aggregate.

(b) Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for APCo was $100 million primarily relating to the PPA with Kingsport. The remaining affiliated amounts were immaterial.

(c) Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEPTCo was $448 million. The remaining affiliated amounts were immaterial.

(d) Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for I&M was $57 million primarily relating to barging, urea transloading and other transportation services. The remaining affiliated amounts were immaterial.

(e) The alternative revenue for OPCo was primarily the $48 million reduction in revenue relating to the Ohio Tax Reform settlement.

(f) Amounts include affiliated and nonaffiliated revenues.

Fixed Performance Obligations

Company	2019		2020-2021		2022-2023		After 2023		Total
	(in millions)
AEP	$	252.7	$	209.7	$	160.9	$	285.5	$	908.8
AEP Texas	96.8		—		—		—		96.8
AEPTCo	225.8		—		—		—		225.8
APCo	36.4		32.5		25.5		11.6		106.0
I&M	7.2		8.9		8.8		4.4		29.3
OPCo	17.8		7.5		—		—		25.3
PSO	4.3		—		—		—		4.3
SWEPCo	9.8		—		—		—		9.8

Affiliated Accounts Receivable Contracts with Customers

Company	September 30, 2019		December 31, 2018
	(in millions)
AEPTCo	$	69.9	$	58.6
APCo	41.4		52.5
I&M	28.0		35.3
OPCo	29.2		46.1
PSO	10.3		12.4
SWEPCo	17.8		16.3